Siemens Targets National Grid Over UK Market Dominance

Law360, New York (August 16, 2012, 6:46 PM EDT) -- Siemens PLC and Capital Meters Ltd. have sued National Grid PLC seeking damages over a U.K. gas and electricity regulator's decision that the company abused its dominance in the domestic gas meter market, the country's competition court said Wednesday.

Siemens and Capital Meters targeted the U.K. unit of the international utility in two separate suits claiming restrictive contracts National Grid inked with British Gas Trading Ltd. discouraged the company — at the time the country's largest gas supplier to domestic customers — from offering more meter...